Amazon’s latest figures prove Prime is booming

Amazon-Box

Amazon has announced that its fourth quarter sales figures have reached $35.7 billion, adding that the group’s Prime service continues to grow internationally.

The numbers from Amazon make for an interesting read and show that net sales have increased 22% to reach the mammoth fourth quarter sales total.

According to the latest figures, Prime memberships increased worldwide in 2015 by 51%, 47% in the U.S and even faster outside of the U.S. On top of that, Prime Video now boasts ‘nearly double’ the streaming customers compared with fourth quarter of 2014.Amazon Fire TV_2015 (2)

Speaking about Amazon’s growth, founder and CEO Jeff Bezos said:

“Twenty years ago, I was driving the packages to the post office myself and hoping we might one day afford a forklift. This year, we pass $100 billion in annual sales and serve 300 million customers.”

“And still, measured by the dynamism we see everywhere in the marketplace and by the ever-expanding opportunities we see to invent on behalf of customers, it feels every bit like Day 1.”

Amazon is pleased to report that its own Fire TV remains the best-selling streaming media player in the U.S., with the group adding that over 1,000 new apps have been added to the device since September. The Fire tablet is also doing well for itself, now the most gifted product on Amazon.com since its arrival around 19 weeks ago.

On the subject of Prime Music, the latest facts and figures from Amazon reveal that streaming hours ‘more than tripled’ in the U.S. compared with the fourth quarter of 2014.

According to news arriving from The New York Post, Amazon is set to launch a music-streaming service to rival industry giants such as Spotify. Sources ‘familiar with the project’ claim that a $9.99-per-month fee could be on the cards.

In short, it looks like Amazon is taking over the world.

Amazon.com Announces Fourth Quarter Sales up 22% to $35.7 Billion

SEATTLE–(BUSINESS WIRE)–Jan. 28, 2016– Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2015.

Operating cash flow increased 74% to $11.9 billion for the trailing twelve months, compared with $6.8 billion for the trailing twelve months ended December 31, 2014. Free cash flow increased to $7.3 billion for the trailing twelve months, compared with $1.9 billion for the trailing twelve months ended December 31, 2014. Free cash flow less lease principal repayments increased to $4.7 billion for the trailing twelve months, compared with $529 million for the trailing twelve months ended December 31, 2014. Free cash flow less finance lease principal repayments and assets acquired under capital leases increased to $2.5 billion for the trailing twelve months, compared with an outflow of $2.2 billion for the trailing twelve months ended December 31, 2014.

Common shares outstanding plus shares underlying stock-based awards totaled 490 million on December 31, 2015, compared with 483 million one year ago.

Fourth Quarter 2015

Net sales increased 22% to $35.7 billion in the fourth quarter, compared with $29.3 billion in fourth quarter 2014. Excluding the $1.2 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 26% compared with fourth quarter 2014.

Operating income increased 88% to $1.1 billion in the fourth quarter, compared with operating income of $591 million in fourth quarter 2014.

Net income was $482 million in the fourth quarter, or $1.00 per diluted share, compared with net income of $214 million, or $0.45 per diluted share, in fourth quarter 2014.

Full Year 2015

Net sales increased 20% to $107.0 billion, compared with $89.0 billion in 2014. Excluding the $5.2 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the year, net sales increased 26% compared with 2014.

Operating income was $2.2 billion, compared with operating income of $178 million in 2014. Net income was $596 million, or $1.25 per diluted share, compared with net loss of $241 million, or $0.52 per diluted share, in 2014.

“Twenty years ago, I was driving the packages to the post office myself and hoping we might one day afford a forklift. This year, we pass $100 billion in annual sales and serve 300 million customers,” said Jeff Bezos, founder and CEO of Amazon.com. “And still, measured by the dynamism we see everywhere in the marketplace and by the ever-expanding opportunities we see to invent on behalf of customers, it feels every bit like Day 1.”


About the Author: Tom Morgan

After three years studying at the University of Winchester, Tom graduated with a journalism degree under his belt. A couple of work placements out in the real world at PC Advisor and the BBC taught him that journalism is pretty fun, and a couple of months later he joined the team at Phonecruncher, then signing up with TalkAndroid. Tom would be the first to admit he spends far too much time worrying about Arsenal FC results and watching strange videos on YouTube.